The base price in the US is $65,850.
No price has been revealed for the Canadian market.
The new EV will show up soon.
The Korean luxury brand already has two EVs in its current lineup, the GV60 crossover and the G80 Electrified sedan. But the electric push doesn’t stop there, so the division’s planners are currently working on the addition of the GV70 Electrified in the lineup.
In fact, the American wing revealed some interesting details about the future electric crossover, which is also available with two other gasoline engines, a turbo 4-cylinder, and a twin-turbo V6, let’s not forget.
The GV70 Electrified also becomes the first vehicle of the brand to be assembled outside of South Korea. The compact SUV will be assembled at Hyundai’s Montgomery, Alabama plant. Like the G80 Electrified sedan, the GV70 Electrified retains the platform of the combustion engine versions. The E-GMP (Electric Global Modular Platform) architecture is not part of this package. On the other hand, it should be mentioned that even if the new electric model does not use the “electric” platform, it still rests on a proven platform in terms of rigidity and driving characteristics.
“The GV70 Electrified represents two important milestones as we continue our journey to full electrification by 2030,” said Claudia Marquez, chief operating officer of Genesis Motor North America. “We are excited to not only expand our electric product portfolio, but also to assemble Genesis products right here in America for the very first time.”
The automaker’s U.S. wing also revealed the entry price of its new electric SUV, the 2023 GV70 Advanced AWD Electrified, which starts at a price of $65,850 (in U.S. dollars). Its position in the lineup south of the border doesn’t mean it’s devoid of equipment. The manufacturer decided to include all available driving aids and safety systems, while the 12.3-inch information screen behind the steering wheel and the navigation system also come standard.
The 2023 Prestige AWD trim, meanwhile, costs $72,650 (again in US dollars) and adds Nappa leather upholstery, leatherette-covered dashboard, microfiber suede headliner, head-up display, three-dimensional instrument cluster, premium audio system, active road noise control, heated second-row seats (and a heated steering wheel) and rear door curtains for when the kids’ want to nap.
The addition of a third EV is not surprising, as Genesis has committed to having all new models launched fully electric by 2025, and its entire vehicle lineup electric by 2030. Carbon neutrality would be achieved by 2035.
The compact SUV will be available soon, and U.S. consumers are encouraged to contact their nearest dealer for more information about the GV70 Electrified. On this side of the border, the GV70 Electrified will also be launched very soon. For the moment, there is no further information about the vehicle on Canadian soil. We will update this article when Genesis Canada has more information.